Public Employees' Retirement Fund Deductions (PERF)

Eligibility: Staff and Service employees who qualify for benefits per Appendix I of their Employee Benefits Handbook and are actively covered in PERF.
Public Employees' Retirement Fund – Employee Contributions
- After-Tax Contributions are available from 1% to 10 % of employee's gross pay. Contributions are sent on a quarterly basis and invested in the same manner as the regular annuity contract. Forms are available on PERF website at www.in.gov/perf.
- Pre-Tax Contributions are available from 1% to 10% of employee's gross pay (certain deadlines and time limits apply). Contributions are sent on a quarterly basis and invested in the same manner as the regular annuity contract. Once this election is made, it is irrevocable and unchangeable regardless of the employee's life circumstances unless the employee terminates employment with Ball State University.
  Pre-tax forms can be obtained by contacting the PEB office.
- After-tax and pre-tax contributions may be made simultaneously but may not exceed 10% of employee's gross pay combined.
Deductions are taken from EVERY paycheck regardless of employee type.
Benefits Handbooks Staff Employees